Looking to diversify beyond DVTAX? The mutual funds below have historically moved differently from DVTAX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for DVTAX
15 mutual funds have low correlation with DVTAX (below 0.3), 0 of which are negatively correlated. The least correlated is Delaware Growth and Income Fund (FGINX) (Large Cap Value Equities) with a 1Y correlation of 0.16, roughly unchanged from 0.09 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Delaware Growth and Income Fund | 0.16 | 0.14 | 0.09 | 98 | Large Cap Value Equities | DVTAX vs FGINX | |
| DFA Short-Term Selective State Municipal Bond Port... | 0.19 | 0.28 | — | 100 | Municipal Bonds | DVTAX vs DFABX | |
| DFA Short Term Municipal Bond Portfolio | 0.20 | 0.27 | 0.34 | 100 | Municipal Bonds | DVTAX vs DFSMX | |
| Delaware Small Cap Value Fund | 0.21 | 0.15 | 0.09 | 78 | Small Cap Value Equities | DVTAX vs DEVLX | |
| Delaware Emerging Markets Fund | 0.21 | 0.13 | 0.12 | 91 | Emerging Markets Equities | DVTAX vs DEMIX |
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